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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2018
Summary of Significant Accounting Policies [Abstract] |
Schedule of Accounts Receivable and Concentration of Credit Risk |
|  | 2018 |  | 2017 |  | 2016
Ford Motor Company |  | 12 | % |  | 14 | % |  | 17 | %
Volvo |  | 8 | % |  | 6 | % |  | 6 | %
Schedule of Inventory, Current |
December 31, |  | 2018 |  | 2017
Raw materials |  | $ | 54,382 |  | $ | 47,588
Work-in-progress |  |  | 4,710 |  |  | 5,806
Finished goods |  |  | 20,186 |  |  | 20,077
Total inventories, net |  | $ | 79,278 |  | $ | 73,471
Schedule of Business Combination Consideration Transferred |
Cash |  | $ | 79,675
Fair value of earn-out consideration and other adjustments |  |  | 4,208
Total purchase price |  | $ | 83,883
Schedule of Purchase Price Allocation |
At January 31, 2017 |  |  |
Cash |  | $ | 2,165
Accounts receivable |  |  | 7,929
Inventory |  |  | 9,409
Prepaid and other current assets |  |  | 298
Property, plant and equipment |  |  | 6,668
Identifiable intangible assets |  |  | 38,739
Other long-term assets |  |  | 6
Total identifiable assets acquired |  |  | 65,214
Accounts payable |  |  | 3,020
Other current liabilities |  |  | 834
Deferred tax liabilities |  |  | 10,206
Warranty liability |  |  | 899
Total liabilities assumed |  |  | 14,959
Net identifiable assets acquired |  |  | 50,255
Goodwill |  |  | 33,628
Net assets acquired |  | $ | 83,883
Business Acquisition, Pro Forma Information |
Year ended December 31 |  | 2017 |  | 2016
Net sales |  | $ | 829,474 |  | $ | 752,864
Net income attributable to Stoneridge, Inc. and subsidiaries |  | $ | 45,283 |  | $ | 8,218
Property, Plant and Equipment |
December 31, |  | 2018 |  | 2017
Land and land improvements |  | $ | 4,619 |  | $ | 4,863
Buildings and improvements |  |  | 37,234 |  |  | 37,581
Machinery and equipment |  |  | 212,225 |  |  | 192,107
Office furniture and fixtures |  |  | 9,929 |  |  | 10,070
Tooling |  |  | 75,620 |  |  | 75,038
Information technology |  |  | 27,179 |  |  | 27,466
Vehicles |  |  | 872 |  |  | 881
Leasehold improvements |  |  | 2,799 |  |  | 2,841
Construction in progress |  |  | 23,064 |  |  | 24,312
Total property, plant, and equipment |  |  | 393,541 |  |  | 375,159
Less: accumulated depreciation |  |  | (281,328) |  |  | (264,757)
Property, plant and equipment, net |  | $ | 112,213 |  | $ | 110,402
Schedule of Property, Plant and Equipment Estimated Useful Lives |
Buildings and improvements |  |  | 10-40 years
Machinery and equipment |  |  | 3-10 years
Office furniture and fixtures |  |  | 3-10 years
Tooling |  |  | 2-5 years
Information technology |  |  | 3-7 years
Vehicles |  |  | 3-5 years
Leasehold improvements |  |  | shorter of lease term or 3-10 years
Schedule of Goodwill |
|  | Electronics
Balance at January 1, 2018 |  | $ | 38,419
Currency translation |  |  | (1,702)
Balance at December 31, 2018 |  | $ | 36,717
|  | Electronics
Balance at January 1, 2017 |  | $ | 931
Acquisition of business |  |  | 33,628
Currency translation |  |  | 3,860
Balance at December 31, 2017 |  | $ | 38,419
Schedule of Acquired Finite-Lived Intangible Assets by Major Class |
|  | Acquisition |  | Accumulated |  |  |
As of December 31, 2018 |  | cost |  | amortization |  | Net
Customer lists |  | $ | 52,200 |  | $ | (14,549) |  | $ | 37,651
Tradenames |  |  | 20,689 |  |  | (5,884) |  |  | 14,805
Technology |  |  | 15,581 |  |  | (6,005) |  |  | 9,576
Total |  | $ | 88,470 |  | $ | (26,438) |  | $ | 62,032
|  | Acquisition |  | Accumulated |  |  |
As of December 31, 2017 |  | cost |  | amortization |  | Net
Customer lists |  | $ | 57,672 |  | $ | (12,695) |  | $ | 44,977
Tradenames |  |  | 23,546 |  |  | (5,646) |  |  | 17,900
Technology |  |  | 17,443 |  |  | (5,077) |  |  | 12,366
Other |  |  | 41 |  |  | (41) |  |  | -
Total |  | $ | 98,702 |  | $ | (23,459) |  | $ | 75,243
Accrued Expenses and Other Current Liabilities |
As of December 31 |  | 2018 |  | 2017
Compensation related liabilities |  | $ | 18,717 |  | $ | 22,429
Contingent consideration (A) |  |  | 8,602 |  |  | -
Product warranty and recall obligations |  |  | 7,211 |  |  | 6,867
Accrued income taxes |  |  | 1,507 |  |  | 6,897
Other (B) |  |  | 21,843 |  |  | 16,353
Total accrued expenses and other current liabilities |  | $ | 57,880 |  | $ | 52,546
| (A) |  | Accrued contingent consideration includes the Orlaco contingent consideration, as referenced in Note 2 and Note 10, and is included in accrued expenses and other current liabilities for the year ended December 31, 2018 and was included in other long-term liabilities for the year ended December 31, 2017.
| (B) |  | “Other” is comprised of miscellaneous accruals, none of which individually contributed a significant portion of the total.
Schedule of Product Warranty and Recall Liability |
Year ended December 31, |  | 2018 |  | 2017
Product warranty and recall at beginning of period |  | $ | 9,979 |  | $ | 9,344
Accruals for warranties established during period |  |  | 6,217 |  |  | 4,933
Assumed warranty liability related to Orlaco |  |  | - |  |  | 899
Aggregate changes in pre-existing liabilities due to claim developments |  |  | 646 |  |  | 4,899
Settlements made during the period |  |  | (5,831) |  |  | (10,407)
Foreign currency translation |  |  | (517) |  |  | 311
Product warranty and recall at end of period |  | $ | 10,494 |  | $ | 9,979
Schedule of Weighted-Average Number of Shares |
Year ended December 31, |  | 2018 |  | 2017 |  | 2016
Basic weighted-average Common Shares outstanding |  | 28,402,227 |  | 28,082,114 |  | 27,763,990
Effect of dilutive shares |  | 677,599 |  | 689,531 |  | 544,932
Diluted weighted-average Common Shares outstanding |  | 29,079,826 |  | 28,771,645 |  | 28,308,922
Changes in Accumulated Other Comprehensive Loss by Component |
|  | Foreign |  | Unrealized |  |  |
|  | currency |  | gain (loss) |  |  |
|  | translation |  | on derivatives |  | Total
Balance at January 1, 2018 |  | $ | (69,417) |  | $ | (143) |  | $ | (69,560)
Other comprehensive (loss) income before reclassifications |  |  | (16,627) |  |  | 1,448 |  |  | (15,179)
Amounts reclassified from accumulated other comprehensive loss |  |  | - |  |  | (1,013) |  |  | (1,013)
Net other comprehensive (loss) income, net of tax |  |  | (16,627) |  |  | 435 |  |  | (16,192)
Balance at December 31, 2018 |  | $ | (86,044) |  | $ | 292 |  | $ | (85,752)
Balance at January 1, 2017 |  | $ | (67,895) |  | $ | (18) |  | $ | (67,913)
Other comprehensive income before reclassifications |  |  | 15,473 |  |  | 509 |  |  | 15,982
Amounts reclassified from accumulated other comprehensive loss |  |  | - |  |  | (634) |  |  | (634)
Net other comprehensive income (loss), net of tax |  |  | 15,473 |  |  | (125) |  |  | 15,348
Reclassification of foreign currency translation associated with noncontrolling interest acquired |  |  | (16,995) |  |  | - |  |  | -
Balance at December 31, 2017 |  | $ | (69,417) |  | $ | (143) |  | $ | (69,560)

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